Kuwait Airways halves loss in 2022 on higher passenger revenue thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
The sixth annual edition of The Business Year: Kuwait 2023 comes out at the peak of an economic reawakening, with the country’s pandemic restrictions and regulations lessened and the local market beginning to breathe once again. Thanks to the participation and support of over 130 of the country’s business and governmental leaders, this 192-page publication
The economy of Kuwait has long been underpinned by the production and export of crude oil. Although the rise in energy prices in 2021-22 boosted government revenue and macroeconomic stability, the Covid-19 pandemic, which preceded the commodity price boom, underscored the risk of over-reliance on an industry subject to fluctuating global demand.
DOHA: Kuwait Airways is expecting a fourfold passenger rise in 2022 when compared to 2021, as the aviation industry is strongly rebounding post the pandemic, said its CEO Maen Mahmoud Razouqi. In an exclusive interview with Arab News on the sidelines of the International Air Transport Association Annual General Meeting in Doha, he revealed that the passenger flow in Kuwait